News from FlightGlobal – Page 432
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NewsWest Atlantic ATP roll anomaly foxes UK investigators
UK investigators have been unable to determine the reason for a West Atlantic Sweden British Aerospace ATP’s roll-control problems shortly after departing Jersey last year. The turboprop freighter (SE-MAO) had been bound for the neighbouring island of Guernsey on 18 August. After levelling at 2,000ft on a north-west heading, it ...
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NewsAirline industry is ‘up for the challenge’ on environment: Walsh
New IATA director general Willie Walsh cites continued airline investments in sustainability initiatives – despite the financial pressure from the global pandemic – as evidence for his confidence the industry can meet the challenge of cutting its greenhouse emissions.
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NewsUK’s Stobart Air and Carlisle airport sold to Isle of Man investor
UK regional carrier Stobart Air is to be sold to an Isle of Man-based investor, Ettyl, which is also acquiring the northern UK’s Carlisle Lake District airport. Stobart Air, which operates regional services under a franchise arrangement with Irish carrier Aer Lingus, and the airport are being divested by aviation ...
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NewsJuneyao latest Chinese carrier to suffer losses in 2020
Chinese carrier Juneyao Air was loss-making in 2020, much like its larger, state-owned compatriots, which have also saw their profitability punished by the impact of the coronavirus outbreak.
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NewsUnited loses $1.4bn in Q1, sees path to profitability
United Airlines lost $1.4 billion in the first quarter but sees a path to profitability as customers return to air travel in greater numbers.
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NewsUnited adds flights to Croatia, Greece and Iceland
United Airlines has added three new international routes for the summer travel season, as it banks on vacationers travelling abroad as soon as they are vaccinated and travel restrictions are lifted.
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NewsAir Nostrum seeks €103 million of government aid
Spanish carrier Air Nostrum is seeking €103 million ($124 million) of government financial support due to the impact of the pandemic on its operations.
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NewsUK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
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NewsSmith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
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NewsSmartavia becomes latest Russian carrier to bring in A320neo
Russian carrier Smartavia has introduced the first of three Airbus A320neo twinjets it is planning to receive this year. The aircraft, powered by CFM International Leap-1A engines, arrived at Moscow Domodedovo airport bearing the Arkhangelsk-based airline’s colours. Smartavia has newly-completed a rebranding programme. The airline was previously known as Nordavia ...
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NewsCebu Pacific raises $250 million from convertible bonds
Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks.
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NewsKorean Air raises W350 billion million from corporate bonds
Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. Source: Korean Air A Korean Air 787-9 The W65 billion bond ...
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NewsChina’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
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NewsBoeing delivered 89 737 Max since December, airlines place them in storage
Boeing has delivered almost 90 737 Max since US regulators lifted the type’s grounding last November, though airlines have placed those jet in storage, according to Cirium fleets data.
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NewsUS regional carrier ExpressJet plans comeback
ExpressJet, a US regional carrier which ceased operations in September, has requested to resume scheduled service under its own brand.
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NewsA320 tipped up and struck tail at Milan after passenger load mismatch
Italian investigators have determined that an improper distribution of passengers on board an Alitalia Airbus A320 resulted in the aircraft’s suffering a tail-strike during an aborted take-off at Milan Malpensa. The twinjet (EI-DTB), bound for Rome Fiumicino on 17 August 2017, had started to accelerate along runway 35R when, at ...
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NewsSIA Group’s passenger numbers fall 91% in March
Singapore Airlines Group carried 100,100 passengers in March, down nearly 91% year on year amid coronavirus-related travel restrictions.
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NewsTightened crew quarantine measures punish Cathay’s March traffic
Cathay Pacific reported a third consecutive month of traffic declines as it began to feel the impact of tightened crew quarantine measures imposed by the Hong Kong government.
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NewsChina’s ‘Big Three’ March domestic traffic leaps past 2019 levels
After a tepid start to the year, China’s three largest carriers made significant gains in domestic traffic, surpassing even pre-pandemic levels in some instances.
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NewsVietnam Airlines outlines measures to bolster financial position
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.